
IPFS News Link • Housing
WeWork's apartments of the future are officially open--
• Business InsiderA company that made its name — and a $16 billion valuation — by renting out shared workspaces now wants to do the same thing with dorm-like apartments.
In WeWork's biggest gamble yet, its co-living micro-apartment space, WeLive, officially opened its doors to New York residents on Monday.
Individual Murphy beds that pull down into the living room behind a curtain or tiny alcoves in a wall start at $1,375 a month. If you want more privacy, rooms start at $2,000. The high price tag — and a $125 amenities fee — helps support "all the coffee, tea, and beer you can drink," according to the WeLive website.
Each apartment or bed comes fully loaded with towels and linens. There's also a full-time "community concierge" and a housekeeping team.